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Notes on contributors
Notes on the contributors to Literacy and Numeracy Studies, Vol. 20, No. 1 (2012)
Combination notes: market segmentation and equity transfer
This paper empirically analyzes a particular type of notes observed in securitization transactions: combination notes. Combination notes are formed by combining parts of two or more tranches of securitization transactions, where one part usually consists of a share of the first loss piece. It is analyzed whether combination notes are purely demand driven, or whether combination notes also appear to be structured to enable equity transfer. Results indicate that combination notes serve both purposes: market segmentation severely determines the structuring of combination notes, but risk
transfer needs seem to be catered by combination notes as well. Further, an analysis of launch spreads indicates, that the observed equity transfer via combination notes has an impact on the pricing of the ordinary tranches of each deal. This paper makes use of unique data on 126 deals containing 1385 tranches, thereof 398 combination notes
The affective notes of represented space as motors of emotional and sensorial response
The following essay proposes to investigate the perceptual and
emotional aspects related to the visualization of architectural images. The
field of research is limited to a well-defined category: figurative
representations as the photographic and digital images of contemporary
architecture. In particular, two types will be analysed: the un-built
architecture produced by Studio MIR and Bloomimages compared with the
photographed built architecture. Using figurative images as a tool of
reading, the aim of this work is to identify and classify three types of
affective spaces capable of generating a specific kind of perception,
producing a sensorial classification of atmosphere for architecture. The
study of the Psychology of Art, as well as Aesthetics and Neuroaesthetics
can be a valuable tool in understanding the phenomena of the present,
considering the marked pictoriality of these images. The application of the
analytic methodology, developed in these disciplines, can suggest a new
way of "looking" at the project, paying attention to the representation of the
atmospheres, which characterizes the experience of felt space
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